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Zangelbert Bingledack (OP)
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February 14, 2013, 01:34:17 AM
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So far the current correction has brought us all the way back to..... a week ago.

C'mon bears, is this all ya got!?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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fcmatt
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February 14, 2013, 01:38:57 AM
 #2

So far the current correction has brought us all the way back to..... a week ago.

C'mon bears, is this all ya got!?

If someone with a lot of btc still wants to sell they are probably waiting for bids to fill in at this point.
LoweryCBS
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February 14, 2013, 01:51:51 AM
 #3

Exactly what I was thinking while watching a few traders take some profits.

Herodes
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February 14, 2013, 01:55:53 AM
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Haha, that's so funny, as that language is so far from how these guys actually talk.
Ichthyo
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February 14, 2013, 02:21:36 AM
 #5

So far the current correction has brought us all the way back to..... a week ago yesterday.

FTFY
zoinky
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February 14, 2013, 04:50:43 AM
 #6

Wait till we see about 150,000 BTC @ $17.
str4wm4n
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February 14, 2013, 04:54:32 AM
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I need a drink.
MoonShadow
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February 14, 2013, 04:56:57 AM
 #8

Wait till we see about 150,000 BTC @ $17.

Whether or not that happens antime soon, or ever, might have much to do with the details concerning Amazon's announcement concerning their own internal "coins".If they are real coins, with an exchange rate to bitcoins, bitcoins are headed for new highs.  If they can undermine bitcoin's rising popularity in practice, bitcoin might just crash soon.  Time will tell.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
notme
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February 14, 2013, 05:15:00 AM
 #9

So far the current correction has brought us all the way back to..... a week ago. new highs!

C'mon bears, is this all ya got!?

FTFY

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
Melbustus
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February 14, 2013, 05:19:24 AM
 #10

Wait till we see about 150,000 BTC @ $17.

Whether or not that happens antime soon, or ever, might have much to do with the details concerning Amazon's announcement concerning their own internal "coins".If they are real coins, with an exchange rate to bitcoins, bitcoins are headed for new highs.  If they can undermine bitcoin's rising popularity in practice, bitcoin might just crash soon.  Time will tell.


I don't really see how Amazon's "coins" are relevant. Like Facebook credits and WoW gold; they're just re-branded fiat. How is this relevant (to those who didn't have unrealistic hopes of Amazon happily embracing bitcoin any time soon)?

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
cypherdoc
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February 14, 2013, 05:22:32 AM
 #11

Wait till we see about 150,000 BTC @ $17.

Whether or not that happens antime soon, or ever, might have much to do with the details concerning Amazon's announcement concerning their own internal "coins".If they are real coins, with an exchange rate to bitcoins, bitcoins are headed for new highs.  If they can undermine bitcoin's rising popularity in practice, bitcoin might just crash soon.  Time will tell.


I don't really see how Amazon's "coins" are relevant. Like Facebook credits and WoW gold; they're just re-branded fiat. How is this relevant (to those who didn't have unrealistic hopes of Amazon happily embracing bitcoin any time soon)?

they aren't.
Zangelbert Bingledack (OP)
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February 14, 2013, 06:27:35 AM
 #12

 
Wait till we see about 150,000 BTC @ $17.

Whether or not that happens antime soon, or ever, might have much to do with the details concerning Amazon's announcement concerning their own internal "coins".If they are real coins, with an exchange rate to bitcoins, bitcoins are headed for new highs.  If they can undermine bitcoin's rising popularity in practice, bitcoin might just crash soon.  Time will tell.

Oh it's you from the Mises forums. Thanks for introducing Bitcoin there, planting seeds that are now blooming.

I don't think Amazon coins can hurt BTC, only help, due to the huge difference in the number of people who know about Amazon vs. Bitcoin.

Plus Bitcoin has characteristics that make it an accreting, assimilating techonology. You don't compete with Bitcoin, you link to it to enable new things to be done.
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February 14, 2013, 06:38:27 AM
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